Let Patients Decide How Much Risk They'll Take

Take a tip from Sergey Brin: The health-care regulatory burden stops entrepreneurs from getting into the game.

By

Kevin J. Tracey

Updated July 27, 2014 6:44 pm ET

Earlier this month, at a private conference for the CEOs of his portfolio companies, venture capitalist Vinod Khosla interviewed Google co-founders Sergey Brin and Larry Page, asking them if the company might jump into health care. "It's just a painful business to be in," Mr. Brin replied, later noting that "the regulatory burden in the U.S. is so high that I think it would dissuade a lot of entrepreneurs."

Mr. Brin is right. As a neurosurgeon-scientist and entrepreneur who co-founded a bioelectronic medicine...